Recently, Philippe Houchois, an analyst at Jefferies Financial Group, raised Tesla’s target stock price from $1200 to $2500.
Currently, Tesla’s stock price is $2153, with a market value of over $400 billion.
In Philippe Houchois’s opinion, Tesla’s competitiveness in the automotive field is decreasing, but its competitiveness in brand influence, software strength, battery technology, and production efficiency is continuously expanding. The upcoming Tesla Battery Day will change the automotive industry.
Before Battery Day, foreign media have successively exposed Tesla’s new progress in the electrochemical field. The poster for Battery Day also revealed some information in advance. Interested friends can click on Tesla Battery Day poster spoilers? 400 Wh/kg battery is coming to view.
From the beginning of this year until now, Tesla’s stock price has repeatedly refreshed our understanding. Can this company support its current market value? What will happen to the next stock price? Welcome to share your opinions in the comments section.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.